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A shop selling rice in Bangkok, Thailand. (Photo: AFP/VNA) Bangkok (VNA) -  The Federation of Thai Industries (FTI) has projected that Thai food exporters are likely to benefit from a global food shortage expected to intensify during the third and fourth quarters this year. According to Kriengkrai Thiennukul , chairman of the FTI, many countries might experience food shortages because such nations as India, Serbia, Kazakhstan, Kosovo and Egypt have restricted their exports, including wheat. A shortage of fertiliser and animal feed amid the ongoing Russia-Ukraine war resulted in lower crop yields, making stockpiling of food appear to be unavoidable. The FTI believed that the Thai food industry will benefit from this situation as purchase orders increase amid growing worries over the shortages. Thai food factories have prepared raw materials for food processing in order to meet increasing demand in the global food market, the chairman said. The federation said it is … [Read more...] about Thai food exports expected to grow well

Jujitsu Đào Hồng Sơn of Việt Nam wins a gold from the Jujitsu World Cup Beach 2022 on June 23 in Thailand. Photo from Đào Hồng Sơn Facebook HÀ NỘI — Việt Nam won four golds on the first day of competition at the Jujitsu International Federation World Cup Beach 2022, on June 23 on Jomtien Beach, Pattaya, Thailand. SEA Games champion Đào Hồng Sơn made the most remarkable victories with all three wins by submission in the men's U56kg. "It was a hard-working day. But the result was so sweet, with three submission wins. Thank you for watching and encouraging me," Sơn posted on his Facebook page. Earlier, world champion Phùng Thị Huệ secured gold in the women's U45kg category. Hoàng Thị Nhật Quế won the women's U70kg class and Phạm Trí Dũng topped the men's U69kg pool. The Vietnamese team also brought home one silver by Phạm Lê Hoàng Linh in the men's U85kg and 11 bronze medals. On the last day, athletes will vie for medals in the men's and women's team events. Việt … [Read more...] about VN jujitsu fighters win four golds at ‘beach world cup’

Bangkok (VNA) - The Thai government has decided to waive personal income tax for foreign actors when working in Thailand in the next five years, in a fresh bid to attract foreign crews to the country. Deputy Government Spokesperson Rachada Dhnadirek said on June 21 that the tax incentive is part of the government’s efforts to develop the country’s soft power. Thailand earned an average of 3.5 billion THB a year from foreign film crews from 2017 to 2021, with the revenue increasing to 5 billion THB last year. Incentives provided to foreign film crews include cash rebates of 15-20% of the expenses incurred in Thailand, with limits capped at 75 million THB, said Rachada adding that actors have been required to pay personal income tax while they were working in Thailand , despite the fact that they have to pay personal income taxes in their home countries as well. With the income tax exemption, Thailand expects to gain an average of 3.5 billion THB in revenue per annum … [Read more...] about Thailand to exempt income tax for foreign actors

Shipping containers are loaded onto an international freighter at the Bangkok Port.(Photo bangkokpost.com) Bangkok - The weaker baht is expected to boost the Thai economy and increase real GDP of the country by 0.4 percent, but not all manufacturers will reap the benefits, according to the Industry Ministry of Thailand. The ministry said that industries such as steel, medicine and oil, which depend greatly on the import of raw materials and have few exports, will bear the brunt of the baht depreciation. Manufacturers will experience varying outcomes as the value of the baht decreases, but overall the Thai economy will benefit, said Industry Minister Suriya Jungrungreangkit. The baht fell to 34.46 against the US dollar on June 7, down from 33.38 baht on December 30 last year. Director-General of the Office of Industrial Economics (OIE) Thongchai Chawalitpichaet said if the value of the baht weakens by 5 percent, real GDP will grow by 0.4 percent. The real GDP is a measure … [Read more...] about Thailand: weaker baht helps exports

Bus service from Nakhon Phanom, Thailand (Photo: Laotiantimes.com) Vientiane (VNA) – Thailand is discussing with Laos and Vietnam the opening of bus routes connecting popular destinations of the three countries, according to news website laotiantimes.com. The website said the Thai government has approved expediting negotiations to open a bus route connecting three countries via route R12 from Nakhon Phanom, Thailand to Thakhek, Laos and on to Ha Tinh, Vietnam. The distance from Nakhon Phanom to Ha Tinh is about 300km. The Thai Ministry of Transport says it is doing what it can to expedite the route-opening process, including asking that Laos host the second Trilateral Working Group Meeting as soon as possible in order to discuss the service model and make formal agreements. The three cities are especially attractive to tourists, with local arts and culture attractions, temples, and sacred sites, as well as natural wonders such as waterfalls, mountains, and … [Read more...] about Bus route connecting Thailand-Laos-Vietnam in discussion

Your Excellency Prayut Chan-o-cha, Prime Minister of Thailand, Madam Irene Natividad, President of the Global Summit of Women, Ladies and gentlemen, I am delighted to attend the Global Summit of Women (GSW) 2022 hosted in the beautiful and hospitable Thailand. First, on behalf of the Vietnamese delegation, I would like to extend my wishes of peace, prosperity and development to Excellency Prime Minister of Thailand, Madam President of the GSW, and all delegates. Let me take this opportunity to congratulate Thailand on the efforts and achievements in gender equality and women empowerment. They have been reflected in your regulations and enforcement and oversight mechanisms to protect women’s rights and interests. Such efforts have also been recognized through the U.N. Secretary-General’s appointment of a Thai Princess as a Goodwill Ambassador in Thailand for U.N. Women, in line with the determination and desire to “Say No to Violence against Women”. The percentage of Thai women … [Read more...] about Vietnamese Vice President’s statement at opening of Global Summit of Women

Leaders of C.P. Group and C.P. Vietnam cutting ribbons at the opening ceremony of the public blood donation facility at the Agricultural General Hospital On June 23, leaders of C.P. Group and its subsidiaries C.P. Foods and C.P. Vietnam, led by chairman Soopakij Chearavannont, attended the opening ceremony of a blood donation facility at the Agricultural General Hospital in Hanoi’s Thanh Tri district. The ceremony was also attended by dozens of senior leaders of both C.P. Group and the Vietnamese arm. Chearavannont said that C.P. Vietnam will continue the humanistic tradition of accompanying the National Blood Donation Steering Committee, the Ministry of Health, the Ministry of Agriculture and Rural Development (MARD), and the National Institute of Hematology and Blood Transfusion (NIHBT) through nationwide events. “Humanitarian blood donation is a meaningful and noble activity, and has been a traditional part of C.P. Group for decades in Thailand,” he emphasised. … [Read more...] about C.P. Group compassionately leading by example

As one of the three keynote speakers at the summit's opening, the Vice President noted that the world is facing unprecedented instability due to the double impact of the COVID-19 pandemic and conflicts, which directly affect interests and livelihoods of women in many countries and regions. However, these challenges can be transformed into opportunities given the context that the post-pandemic world is rapidly recovering with many positive trends in sustainable development, green and inclusive growth, digital transformation, public-private partnership, social security and education reform having created new economic opportunities for women, she said. Therefore, Vice President Xuan called for bolstering the voice and participation of women in legislative and executive bodies, and the planning and implementation of development policies. She proposed enhancing women's economic empowerment through frameworks and policies that facilitate women’s entrepreneurship and access to finance and … [Read more...] about Vietnam proposes solutions to optimize women’s potential in making socio-economic recovery policy

A fashion store in a shopping center in HCMC offers a discount of 70 percent on fashion products. (Photo: SGGP) The number of customers to supermarkets and trade centers has been fairly high in recent days. Co.opmart Supermarket on Ly Thuong Kiet Street in District 10 is always bustling with customers. Nguyen Thi Tuyet Anh, living on Ly Thai To Street in District 10, said that thousands of promotional and discounted items create a great attraction to housewives. “Cooking oil, fresh vegetables, rice, cakes of all kinds are at good prices compared to normal days. For example, Long Chau 66 rice was previously priced at VND190,000 per bag of 5kg, but now it is reduced to VND151,000; Meizan oil is sold at VND103,500 per bottle of 2 liters, VND3,000-VND5,000 per bottle cheaper than before. For large bills paid by credit cards, it is convenient to order goods at the supermarket for home delivery," said Tuyet Anh. Similarly, cosmetics, perfumes, and fashion clothes of many large brands … [Read more...] about Retailers launch promotions to revive purchasing power

Hanoi motorbike tour and Hoi An cooking class have been selected by readers of US travel site Tripadvisor as two of the 25 best travel experiences in Asia. The Hanoi motorbike tour takes more than four hours. (Photo: Tripadvisor) The half-day guided motorbike tour in Hanoi allows tourists to explore Vietnam’s capital city’s famous landmarks like Long Bien Bridge, Hai Ba Trung Temple, the Presidential Palace Historical Site and try some of the city's best street foods. As part of the tour, visitors will have an opportunity to explore "Train Street", formed by railway tracks running alongside Dien Bien Phu and Phung Hung streets in the heart of Hanoi's Old Quarter, with residential buildings just a few feet away on either side. Meanwhile, the five-hour cooking class, organised by Hoi An Eco Tours Discovery, is considered a fun and interesting way to experience the rural life in Hoi An, a popular tourist destination in Vietnam’s central Quang Nam … [Read more...] about Hanoi motorbike tour, Hoi An cooking class among top travel experiences in Asia